40 Airport Rd
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2025 | Sold | ||
| Sold | |||
| Jul 18, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | Listed by RE/MAX Bell Park Realty | $479,900 | |
| Listed by RE/MAX Bell Park Realty | |||
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A spectacular raised ranch loaded with custom features! Upon arrival you'll be thrilled with vinyl stone veneer and cedar shake impression siding boasting curb appeal. The front covered porch and rear deck are both covered with composite decking and railings making them low maintenance for years. Greeted by a large light filled foyer makes this house feel like home. Open living room and kitchen are perfect to hang out while cooking and entertaining family and guests. Stylish propane fireplace in the corner to bring it all together! Granite counters, wood colored cabinets and stainless steel appliances make this kitchen so sleek. The laundry room is located on the main level too! A dedicated dining room in the front of the house features raised panel trim work. The Primary bedroom is set on the left side of the home while the secondary bedrooms are on the other side. Creating a very private feel for all who will live in this home. Primary bedroom features a trey ceiling and two walk in closets! The lower level is unfinished and welcomes you to create a future guest space, office or rec room! An on demand high efficiency propane furnace will provide heat and hot water. Tour today to see all this property has to offer!
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| Dec 18, 2019 | Sold | ||
| Sold | |||
| Sep 25, 2019 | Listed by CrossRoads Real Estate Group | $299,900 | |
| Listed by CrossRoads Real Estate Group | |||
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New Construction!!Custom Built home on 1.4 acres!!! This home features almost 1700 sqft living area . Open fireplaced living room ,kitchen with cathedrals. Gleaming hardwood floors greet you on entry. Beautiful house!! Priced for quick sale!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017